TY - BOOK AU - Cortuk,Orcan TI - A disaggregated approach to the determination of government spending multipliers SN - 17487870 AV - HD1918 PY - 2013/// CY - Oxfordshire PB - Taylor and Francis KW - Government investment KW - Government consumption KW - Multiplier N2 - This paper contributes to the debate on the effects of fiscal stimuli by showing that the impact of government expenditure depends on its composition. Government spending is not homogeneous and its effects on economic variables vary depending on its type. Comparing the effects of three types of government spending (investment, wage and non-wage components of consumption), it is concluded that government investment shocks are not the most effective spending shocks in boosting output, contrary to common opinion. Instead, the wage component government consumption has the biggest impact, whereas the non-wage component government consumption has the least. This variation stems mainly from the effects on (private) consumption UR - http://dx.doi.org/10.1080/17487870.2012.755812 ER -